Compare: Michigan vs Kentucky
Home Values in Michigan and Kentucky
|Zillow Home Value IndexWhat's this?||$105,000||vs||$123,500|
|Median List Price||$124,900||vs||$139,900|
|Median Sale Price||$139,900||vs||$150,700|
|Total Homes Sold in Oct||23487 homes||vs||2284 homes|
Michigan tends to be less expensive for home buyers than Kentucky. During the last year, Michigan home values have risen by 9.4%, while Kentucky home values have fallen by 1.0%. The median sale price in Michigan is $139,900, but the median listing price was $124,900, a 12.0% increase. Meanwhile in Kentucky, the median selling price is $150,700, and the starting price had a median of $139,900, a 7.7% increase. In October, Michigan home sellers managed to move 23487 houses, while Kentucky saw 2284 transactions.
Demographics in Michigan and Kentucky
|Median Household Income||$46,339||vs||$35,214|
|Homes with Kids||30.7%||vs||30.7%|
|Average Household Size||2.6||vs||2.5|
|Average Commute Time (Minutes)||25||vs||24|
At $35,214, the median income in Kentucky is $11,124 less than in Michigan, and $9,298 lower than the national average. Michigan has a younger median age, at 35, compared to 36 in Kentucky, and a longer average commute. The average commute in Kentucky is 24 minutes and the average commute in Michigan is 25 minutes.
Homes for Sale in Michigan and Kentucky
Michigan vs Kentucky